Applied Micro Circuits Q4 loss 1c, sales $47.4 mln

ChrisKraeuter

SAN FRANCISCO (CBS.MW) -- Applied Micro Circuits
amcc
reported a fiscal fourth-quarter loss of $2.1 million, or a penny a share, on sales of $47.4 million. During the same quarter last year, the chipmaker lost $229.1 million, or 76 cents a share, on revenue of $20.1 million. Excluding charges, Applied Micro Circuits broke even compared with an average expectation by analysts that it would lose a penny a share on sales of $44.9 million, on average, according to Thomson First Call.

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